For most of the last year I have traded between CNP and CER. For most of that time CER has been the higher priced. There has been change over periods when I could sell one and buy more of the other with the same capital. At the moment I am mostly with CER and waiting for a chance to trade back mostly to CNP. There will come a crossover in values somewhere along the track as there has been in the past. I'm with CER mostly at this stage because I believe it is better value at the current price but I expect this to change in the near future.
I find this type of trading allows an increase in numbers without being out of the market at any time and the actual price matters little, it is the difference that counts.
I trade this way with other stocks with similar interest. Particularly between ADI, AUT and EKA, all oil stocks with interests in the same oil field.
Check the comparative charts.
CNP Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
